5 Tracey Ct, Cheltenham is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 730m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Positioned in a coveted enclave among winding boulevards and secluded cul-de-sacs, this property is situated on a level rectangular parcel of land measuring 725 sqm. approx. in what is an exceptional and exceedingly rare landholding opportunity.
Surrounded by established homes on a north-south orientation, the possibilities here are endless. Move-in while you organise plans and permits, or gradually renovate instead and transform the enormous backyard into a garden oasis.
Alternatively, you can put the square, north-facing backyard to more practical use and consider a second dwelling for multi-generational living or subdivision (STCA). For those seeking a fresh start, wipe the slate clean and pursue multi-unit development in a prized GRZ3 (STCA).
The size of Cheltenham is approximately 10.6 square kilometres. It has 26 parks covering nearly 19.1% of total area. The population of Cheltenham in 2016 was 22291 people. By 2021 the population was 23992 showing a population growth of 7.6% in the area during that time. The predominant age group in Cheltenham is 30-39 years. Households in Cheltenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cheltenham work in a professional occupation.In 2021, 70.00% of the homes in Cheltenham were owner-occupied compared with 71.00% in 2016.
Cheltenham has 15,177 properties. Over the last 5 years, Houses in Cheltenham have seen a 9.78% increase in median value, while Units have seen a 8.13% increase. As at 30 April 2026:
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